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To ensure that a borrower is not using short-term bank credit to finance a part of its permanent needs for funds, banks often require borrowers to clean up their short-term loans for a 30-45 day period
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Jul 24, 2022
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To ensure that a borrower is not using short-term bank credit to finance a part of its permanent needs for funds, banks often require borrowers to clean up their short-term loans for a 30-45 day period during the year.
a. True
b. False
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True I’m maybe wrong but ye I think it’s true
Chillpenguin
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Jul 29, 2022
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